Galenica Pensionskasse

Galenica Pensionskasse

Galenica Pensionskasse serves as the occupational pension vehicle for Galenica AG, the publicly traded Swiss healthcare and logistics group headquartered in Bern. The fund covers employees of the parent company and its subsidiaries, including the Coop Vitality pharmacy joint venture. As a Swiss corporate Pensionskasse, it operates under the country's mandatory occupational pension framework, managing defined-benefit and cash-balance obligations for current and former Galenica staff. Felix Burkhard, who is also CFO of Galenica Group, presides over the Board of Trustees, while Daniele Maspero serves as managing director overseeing day-to-day fund operations. The fund pursues a multi-asset strategy with meaningful allocations to real estate, infrastructure, and late-stage venture capital. Direct property holdings include the Galenica headquarters at Untermattweg 8 in Bern, alongside indirect exposure through the avenirplus Anlagestiftung real estate investment group. Infrastructure commitments extend globally, while private equity and venture capital programs target late-stage opportunities. The fund remains a member of ASIP, the Swiss Pension Fund Association, adhering to the industry's governance and reporting standards. Scale and team details are not publicly disclosed, consistent with the opaque profile of many corporate Pensionskassen in Switzerland that report only to members and regulators. No recent operational events are verifiable through public filings or media reports, as the fund maintains a low external communications posture. The absence of published annual reports accessible outside the member base limits visibility into deployment pace or staffing levels. The fund's structural distinction lies in its hybrid defined-benefit/cash-balance design, which creates a liability-driven investment framework less common outside Switzerland. This architecture forces a perpetual balancing act between guaranteed member payouts and the pursuit of higher-returning real assets—a tension that defines the Swiss Pensionskasse model and distinguishes it from Anglo-American corporate pension funds.